Omer Engineering has completed an IPO
Omer Engineering Ltd. has successfully launched its IPO on the Tel Aviv Stock Exchange, pricing shares as part of a plan to raise approximately US$94 million at an implied pre-money valuation of around US$313 million. The offering included both newly issued shares and a secondary sale by existing shareholders, who retained a significant majority stake post-IPO. This transaction underscores strong investor interest in scaling the company’s operations and enhancing its capital.
Founded in 1986, Omer Engineering is a leading entrepreneurship and construction company in Israel, operating across a range of segments including residential developments, such as urban renewal developments, as well as commercial, office, logistics center and infrastructure projects. The company has extensive experience in executing large-scale and complex construction projects throughout Israel.
Oaklins’ team in Israel advised Omer Engineering and acted as the sole distributor within the offering consortium
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